YRC Worldwide’s Next Challenge: Looming Debt Deadline

A reorganization designed to reduce freight handling, speed shipments and save YRC Freight millions of dollars did just the opposite this summer. Instead, manpower shortages led to higher costs and delayed shipments, driving customers away from the long-haul less-than-truckload carrier and turning a third quarter 2012 operating profit into a $9.7 million loss a year later.

Please log in, register or subscribe to access the full article.